GASB Issues New Conduit Debt Rules

Advisor going over accounting work

GASB recently issued Statement 91, Conduit Debt Obligations, to establish consistent recognition, measurement and disclosure between governments. The guidance clarifies the existing definition of a conduit debt obligation, establishes a single method of reporting for issuers and enhances note disclosures. Read on to learn more about the guidance.


Kate & Ben — How can we help you? Contact Us!

How can we help you?